Bharat Electronics Limited (BEL)

Price136.05 0.80 (0.59%)52 Week High147.15
ISININE263A0102452 Week Low87.00
IndustryAerospace & DefenseVolume12.6 M
SectorElectronic TechnologyP/E Ratio TTM31.43
Market Cap988.3 B1 Year Beta1.24
Technical Rating of

Bharat Electronics Limited (BEL) logo
  • Bharat Electronics Limited (BEL) is a state-owned electronics and defence company headquartered in Bengaluru, Karnataka, India.
  • It was incorporated in 1954 as a Public Sector Undertaking (PSU) under the Ministry of Defence, Government of India.
  • BEL is a leading manufacturer of a wide range of electronic products and systems, including radars, sonars, communication systems, and avionics systems.
  • The company’s products are used by the Indian Armed Forces and have also been exported to several countries.
  • BEL is a well-managed and profitable organization. It has been consistently profitable and has been paying dividends to its shareholders since its inception.

Here are some of the key facts about Bharat Electronics Limited:

  • Founded in 1954
  • Headquarters: Bengaluru, Karnataka, India
  • State-owned electronics and defence company
  • Leading manufacturer of electronic products and systems
  • Products used by the Indian Armed Forces and exported to several countries
  • Well-managed and profitable organization
  • Consistently profitable and pays dividends to shareholders

BEL is a good option for investors who are looking for a reliable and experienced company in the electronics and defence sector. The company has a long history of success and is known for its high-quality products.

          

Bharat Electronics Limited (BEL) Chart

Technical Analysis of Bharat Electronics Limited (BEL)

Moving Averages

PeriodSimpleExponential
MA 5136.76136.57
MA 10137.86137.01
MA 20137.27136.35
MA 30135.16135.04
MA 50132.08132.04
MA 100124.07124.99
MA 200111.13115.25

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)42.86Aroon Down (14)57.14
MACD Level (12, 26)1.40MACD Signal (12, 26)2.09
Relative Strength Index (7)46.73Relative Strength Index (14)51.04
Stochastic %D (14 3 3)29.86Stochastic %K (14 3 3)21.79
Stochastic RSI Fast (3, 3, 14, 14)8.33Stochastic RSI Slow (3, 3, 14, 14)15.58
Bollinger Upper Band (20)143.52Bollinger Lower Band (20)131.02
Keltner Channels Upper Band (20)144.69Keltner Channels Lower Band (20)128.00
Donchian Channels Upper Band (20)147.15Donchian Channels Lower Band (20)132.20
Ichimoku Conversion Line (9, 26, 52, 26)140.22Ichimoku Base Line (9, 26, 52, 26)136.95
Ichimoku Leading Span A (9, 26, 52, 26)128.88Ichimoku Leading Span B (9, 26, 52, 26)123.30
Positive Directional Indicator (14)28.55Negative Directional Indicator (14)23.75
Volume Weighted Average Price135.67Volume Weighted Moving Average 20137.39

Oscillator Rating

Oscillators

Awesome Oscillator2.93
Ultimate Oscillator (7,14,28)39.91
Money Flow (14)52.01
Chaikin Money Flow (20)-0.35
Commodity Channel Index (20)-55.06
Bull Bear Power-2.96

High / Low

1 Month147.15132.20
3 Month147.15117.90
6 Month147.1589.90
52 Week147.1587.00
All Time147.150.16

Volume

Volume12.6 M
Average 10 D22 M
Average 30 D17.2 M
Average 60 D17 M
Average 90 D16.4 M

Change/Volatility

Change0.80 (0.59%)
Change 1W0.35 (0.26%)
Change 1M2.85 (2.14%)
Volatility2.13
Volatility W2.73

Performance

Yesterday35.51
Weekly-1.05
Monthly1.57
3 Month9.94
6 Month44.81
Yearly25.28
5 Year406.39
All Time61,122.68

Misc.

Average Day Range (14)4.13
Average Directional Index (14)24.26
Average True Range (14)4.00
Williams Percent Range (14)-80.14
Rate Of Change (9)-5.06
Hull Moving Average (9)136.37
Momentum (10)-3.80
Parabolic SAR144.53

PIVOT POINTS of Bharat Electronics Limited (BEL)

NameS3S2S1Pivot PointsR1R2R3
Classic102.65117.10125.15131.55139.60146.00160.45
Fibonacci117.10122.62126.03131.55137.07140.48146.00
Camarilla129.23130.55131.88131.55134.52135.85137.17
Woodie's112.38117.94126.83132.39141.28146.84155.73
DeMark's - - 128.35133.15142.80 - -

Financial Analysis of Bharat Electronics Limited (BEL)

Income Statement

Basic EPS (FY)4.09
Basic EPS (TTM)4.33
EBITDA (Annual YoY Growth)21.30
EBITDA (Quarterly QoQ Growth)-63.29
EBITDA (Quarterly YoY Growth)28.74
EBITDA (TTM)42.4 B
EBITDA (TTM YoY Growth)11.67
EPS Diluted (Annual YoY Growth)24.63
EPS Diluted (FY)4.09
EPS Diluted (MRQ)0.73
EPS Diluted (Quarterly QoQ Growth)-61.23
EPS Diluted (Quarterly YoY Growth)47.28
EPS Diluted (TTM)4.33
EPS Diluted (TTM YoY Growth)15.47
EPS Forecast (MRQ)1.06
Free Cash Flow (Annual YoY Growth)-75.80
Free Cash Flow Margin (FY)5.22
Gross Profit (Annual YoY Growth)40.30
Gross Profit (FY)51.6 B
Gross Profit (MRQ)8.1 B
Gross Profit (Quarterly QoQ Growth)-67.13
Gross Profit (Quarterly YoY Growth)25.90
Gross Profit (TTM YoY Growth)18.77
Last Year Revenue (FY)177.3 B
Revenue (Annual YoY Growth)16.46
Revenue (Quarterly QoQ Growth)-45.47
Revenue (Quarterly YoY Growth)12.49
Revenue (TTM YoY Growth)7.51
Net Income (Annual YoY Growth)24.41
Net Income (FY)29.8 B
Net Income (Quarterly QoQ Growth)-61.04
Net Income (Quarterly YoY Growth)47.27
Net Income (TTM YoY Growth)15.22
Total Revenue (FY)177.3 B

Valuation

Enterprise Value/EBITDA (TTM)23.33
Number of Shareholders431 T
Shares Float3.6 B
Price to Earnings Ratio (TTM)31.43
Price to Revenue Ratio (TTM)5.49
Total Shares Outstanding7.3 B
Selling & Admin expenses Ratio (FY)8.48
Selling & Admin expenses Ratio (TTM)8.43

Balance Sheet

Total Assets (Annual YoY Growth)3.98
Total Liabilities (FY)216.1 B

Operating Metrics

Dividends

Dividend Yield Forward1.33
Dividends Paid (FY)-12,428,000,000.00
Dividends per share (Annual YoY Growth)20.00
Dividends per Share (FY)1.80

Margins

Net Margin (FY)16.83
Net Margin (TTM)17.42
Gross Margin (FY)29.10
Gross Margin (TTM)29.38
Operating Margin (FY)20.62
Operating Margin (TTM)20.95
Pretax Margin (TTM)22.74

Bharat Electronics Limited (BEL) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-23134.95136.80134.00136.00136.003.3 T25.4 T57.7 M-7,860,300
26-Oct-23135.90137.65135.05136.90136.901.8 T14.3 T17.3 M4.6 M
30-Nov-23137.40138.75136.50137.90137.90503921.2 M114 T

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News Related to Bharat Electronics Limited (BEL)

  1. Sep 18, 2023, 10:00 am

    Bharat Electronics Bags Rs 3,000 Crore Orders BEL, a leading defence electronics company, has bagged orders worth Rs 3,000 crore, taking its order book for FY24 to Rs 14,384 crore. The company's strong performance is a sign of the growing demand for defence electronics in India.

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